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Japan optimism rises despite tighter Covid restrictions 

Japan optimism rises despite tighter Covid restrictions 

(ATF) Japan may be hunkering down to stanch a renewed surge in coronavirus cases but economists and investors may just sense some light at the end of the tunnel. The Bank of Japan raised its assessment for three of the country's nine regions and described most local economies as picking …

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Japan takes steps towards creating a digital version of the yen

 Japan takes steps towards creating a digital version of the yen

(ATF) Japanese legislators are saying they want to make a proposed "digital yen" as broadly appealing a concept as possible as they called for private-sector engagement, while policymakers have begun to more closely embrace the new currency. The Bank of Japan plans to begin experimenting with its own digital currency, …

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Japan loads ammunition to lift its sluggish economy

Japan loads ammunition to lift its sluggish economy

(ATF) In a rare arrangement to ensure it has enough ammunition to combat any market disruptions caused by a recent resurgence in coronavirus infections, the Bank of Japan (BOJ) said it will open up $6 billion from a government account.Under this extraordinary arrangement, the central bank will buy dollar cash …

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Global equities' performance leaves US markets floundering

Global equities' performance leaves US markets floundering

(ATF) Since the end of October, global equity markets have rallied by an eye-popping 15%. They have outperformed the US market by 4% and November was one of the best months for equities in the past decades. This is the beginning of a more significant global market performance, which should …

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Fresh lockdown fears rattle markets

Fresh lockdown fears rattle markets

(ATF) Hong Kong: Financial markets extended losses on Thursday as the spectre of rising virus cases in developed economies spooked investors. France and Germany are bracing for fresh lockdown restrictions while Britain is struggling to avoid a second national lockdown.“Market sentiment is turning, with investors buffeted by US election uncertainty …

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BOJ to cut growth, inflation forecasts as pandemic pain persists

BOJ to cut growth, inflation forecasts as pandemic pain persists

Japan's central bank is expected to cut its growth and price forecasts for the current fiscal year at next week's rate review, sources familiar with its thinking said, as the coronavirus pandemic weighs on the economic recovery.But any such downgrade is unlikely to trigger an immediate expansion of monetary stimulus, …

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Kuroda says BOJ has no immediate plan to issue digital currency

Kuroda says BOJ has no immediate plan to issue digital currency

TOKYO: Japan has no immediate plan to issue central bank digital currency (CBDC), Bank of Japan Governor Haruhiko Kuroda said on Tuesday as financial leaders from the Group of Seven (G7) advanced economies shared a common view on digital payments."The BOJ has no immediate plan to issue CBDC," Kuroda told …

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